Marriott Vacations Q2 adjusted EBITDA up 29%, beats estimates

Marriott Vacations Worldwide

04/08/2025 21:40

Overview

Marriott Vacations Q2 adjusted EBITDA rises 29%, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus, reflecting strong operational performance

Company reiterates full-year guidance

Outlook

Company reiterates full-year 2025 guidance for contract sales at $1.74 bln to $1.83 bln

Marriott Vacations Worldwide expects 2025 adjusted EBITDA between $750 mln and $780 mln

Company anticipates adjusted net income for 2025 to be $250 mln to $280 mln

Marriott Vacations Worldwide projects adjusted EPS for 2025 at $6.40 to $7.10

Result Drivers

CONTRACT SALES DECLINE - Consolidated contract sales fell less than 1% year-over-year, impacted by lower VPG and a higher mix of first-time buyer sales

INTERVAL INTERNATIONAL - Revenues and adjusted EBITDA decreased due to lower revenue at Interval International

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$1.96
$1.77 (8 Analysts)
Q2 EPS
$1.77
Q2 Net Income
$69 mln
Q2 Adjusted EBITDA
Beat
$203 mln
$193.50 mln (8 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy"

Wall Street's median 12-month price target for Marriott Vacations Worldwide Corp is $92.00, about 20.1% above its August 1 closing price of $73.51

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBw10W20ya

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)